Applied Rationality focuses on public policy issues and tries to take a liberal perspective that is consistent (comments to the posts will often show otherwise) with neoclassical, rational-choice economics.

Tuesday, December 20, 2011

Big fat nothing-burger in state job growth

Another month, another state employment report, another month of waiting for significant job growth in the Tar Heel state.

The U.S. Department of Labor reported today that the number of non-farm jobs in North Carolina grew last month on a seasonally-adjusted basis by only 3,800. Despite modest increases last month and the month before, the total number of non-farm jobs in November remains below the numbers recorded in February through May.

The Republican plan of cutting taxes and getting the government out of the way was supposed to lead to a jobs renaissance. Instead, state employment is struggling to get to recover to the point where it was when Republicans took over the legislature.